===================Program Starting: Sat Mar  2 20:51:40 2024

------ Estimated Model parameters------
             betapar		   0.973900000000000
              Etapar		   0.035000000000000	   0.019500000000000	   0.013500000000000
               Kappa		   0.805460000000000
                PROD		   0.393221996043480	   1.000000000000000	   2.543092731489580
            gmapping		   0.214468075000000	   0.240452275000000	   0.279527000000000
            gmapping		   2.179000000000000	   2.443000000000000	   2.840000000000000
               meang		   0.098425000000000
              kappaE		   0.280000000000000
             psiparW		   1.850000000000000
             psiparE		   1.850000000000000
               nupar		   0.890000000000000
           lambdapar		  50.000000000000000
              phipar		   0.041700000000000
              minpar		   0.040000000000000
              DRIpar		   0.990000000000000
               mupar		   0.500000000000000
             rhostar		   0.400000000000000
              pLTpar		   0.500000000000000
                 muz		   1.000000000000000
                  pz		   0.900000000000000
                sigz		   0.418500000000000
                 PiZ	    0	   0.560778726130851	   0.259823617434122	   0.133150291002764	   0.039046841213730	   0.006540976338574	   0.000624569420485	   0.000034978459473	
                 PiZ	    1	   0.296220025238117	   0.294507026079130	   0.249194329875607	   0.120777504252425	   0.033492649260292	   0.005304420288587	   0.000504045005842	
                 PiZ	    2	   0.110560973209393	   0.212616645309335	   0.296977216213190	   0.237671988222660	   0.108944525314200	   0.028568040727306	   0.004660611003916	
                 PiZ	    3	   0.027951001361554	   0.097723609057729	   0.225422787980110	   0.297805203201214	   0.225422787980110	   0.097723609057729	   0.027951001361554	
                 PiZ	    4	   0.004660611003917	   0.028568040727306	   0.108944525314200	   0.237671988222660	   0.296977216213190	   0.212616645309335	   0.110560973209393	
                 PiZ	    5	   0.000504045005842	   0.005304420288587	   0.033492649260292	   0.120777504252425	   0.249194329875607	   0.294507026079130	   0.296220025238117	
                 PiZ	    6	   0.000034978459473	   0.000624569420485	   0.006540976338574	   0.039046841213730	   0.133150291002764	   0.259823617434122	   0.560778726130851	
               Zgrid	   0.039895158324313	   0.359930143754798	   0.679965129185283	   1.000000114615768	   1.320035100046253	   1.640070085476738	   1.960105070907223	
               mupar		   0.500000000000000
              DRIpar		   0.990000000000000

-------EQUILIBRIUM PRICES AND AGGREGATE--------
r    0.016489989167641 
w    0.253778549820850 
mw    0.326933507251677
u    0.051369314055522 
taxSEA    0.000000000000000 
-------MOMENTS GENERATED & STATISTICS--------
Ratio KY annual [12.16]   10.617067446683363
Fraction of E>nonE [6.7]    7.206294314025611
Fraction of E [8.2]   10.854472475862680
Ratio mworthJ/mworthW [8]    5.800146216413462
Wealth Gini [0.8]    0.635134539971551
Bankruptcy rate [0.75]    0.648908070310152
U>E [2.2]    3.800459380370153
(UL:    0.027344164453877, US:    0.024025149601645) Unemploy. rate [6.4]    5.136931405552243
IUR (Ui/W) [2.5] = 2.859844
W>E 1 [1.07]    1.158092326326740
W>E 2 [0.89]    0.847176820154023
W>E 3 [1.07]    0.995189781987243
W>U 1 [1.07]    1.399592501628126
W>U 2 [0.89]    0.914757122749556
W>U 3 [1.07]    0.685906360238686
Zero wealth fraction [7- 13]    4.378497882896665
------- OTHER MOMENTS GENERATED & STATISTICS--------
Fraction of nonE>E (rlv to whole pop) [0.39]    0.008454674166170
Fraction of U>E (rlv to new entrant) [20]    0.230910130453910
Worker exit rate (rlv to workers) [3-6.5]    0.028966904727855
Nshare (US)    0.036550771667809, 	 Nshare(UL):    0.001234359777311, 	 Nshare(WW):    0.001478824103236, 	 Nshare [0.1]:    0.039263955548357
Earning Gini [0.36]    0.464724922768760
Top 1 [30]    0.125865439815571
Fraction U>nonU (rlv to unemployed) [?]   47.914632369179976

-------TRANSITION Worker to entrepreneur / ABILITY--------
very low	 middle 	 very high
   0.013037221128059	   0.005159487817201	   0.008256782467856	
   0.008963826101467	   0.006557288672434	   0.007702933471622	
-------TRANSITION Worker to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.034500999450949	   0.019383013558143	   0.013370778597756	
-------TRANSITION Entrepreneur to Worker / ABILITY--------
very low 	 middle 	 very high
   0.043859087741648	   0.067480456116181	   0.086995636809893	
-------TRANSITION Entrepreneur to Unemployed / ABILITY--------
very low 	 middle 	 very high
   0.015596942262915	   0.005723551880981	   0.007262839722920	
-------TRANSITION Unemployed to Worker / ABILITY--------
very low 	 middle 	 very high
   0.426836550123307	   0.453541219568158	   0.436827925952585	
-------TRANSITION Unemployed to Entrepreneur / ABILITY--------
very low 	 middle 	 very high
   0.044184454114252	   0.030312965054789	   0.045748764931778	
--------- TRANSITION MATRIX BTW OCCUPATIONS ------
  	  U     	 W     	 E 
U 	 0.5208537 	 0.4411417 	 0.0380046 
W 	 0.0212267 	 0.9710331 	 0.0077402 
E 	 0.0099276 	 0.0621354 	 0.9279371 
---------------
--------- WEALTH DISTRIBUTION STATISTICS ------
Top 0.1 [22]    0.025276383745960
Top 1 [41.8]    0.125865439815571
Top 5 [?]    0.327941555357268
Top 10 [77.2]    0.458143259565355
Top 20 [?]    0.643941022919760
Top 40 [?]    0.873690942871051
Bot 20 [?]    0.004937001747779
Bot 40 [?]    0.034845901838314
Bot 60 [?]    0.126309057128949
Bot 80 [?]    0.356058977080240
mworthJ   10.627561427790948
mworthW    1.832291985625585
mworthUi    1.227558976625062
mworthUn    2.534601678149161
avgfirm:   12.971353409344918
---------------
--------- PRODUCTION & CAPITAL -----
capitalJ    1.407971985564198
productionJ (annual)    0.874073412003495
Totalcapital    5.255177489826607
Totallabor    1.092400596567956
Corproduction (annual)    1.105824527316184
Corcapital    3.847205504262410
Totalproduction (annual)    1.979897939319679
capitalJ/Totalcapital    0.267920919567391
---------------
--------- TAXATION -----
Corporate revenu    0.000000000000000
Expenditure    0.002503815546146
Revenue Basis    0.277227839220447
Optimal tax    0.009290506340122
Optimal tax SEA    0.000000000000000
COST SEA:    0.000082111468905    0.000036250076514
COST SEA:    0.000000000000000    0.000000000000000
-------MASS--------
WW    0.840085961185443 
U    0.051369314055522 
VE    0.108544724758627 
-------WELFARE--------
Un -147.027871361543390  Ui -156.231365061220743  J -113.479768149840368  WW -143.408817952431832  Wtot-140.567201083412755   Ctot   0.000000000000000
-------POOL OF ENT--------
THETA: 0,     0.171118762868985,    0.249999999999894,    5.209882440105530,    0.665670611304932  
THETA: 1,     0.087427537078553,    0.499999999999798,   12.651640732959102,    1.141742958035674  
THETA: 2,     0.088205062008595,    0.249999999999901,   28.662478867691544,    1.585367197031660  

 GMM ::  114.086572224989993


 ===================Program ended: Sat Mar  2 20:57:59 2024
 in 379.000000 seconds=================
